Newsletter Apr 24, 2024
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Markets
DJIA 38,503.69 0.69%
S&P 500 5,070.55 1.20%
Nasdaq Composite 15,696.64 1.59%
Japan: Nikkei 225 38,306.25 2.01%
UK: FTSE 100 8,044.81 0.26%
Crude Oil Futures 83.38 0.02%
Gold Futures 2,333.40 -0.37%
Yen 154.80 -0.02%
Euro 1.07 0.07%
* As of market close

 
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Trump faces contempt in hush money trial

Former president Donald Trump faces contempt-of-court charges after a hearing Tuesday morning in his high-profile hush money trial after the prosecution claimed that he has repeatedly violated the court's gag order. Judge Juan Merchan grew angry at Trump's defense team for their client's apparent disregard for the order, deciding to reserve his ruling before the trial continued with another day of testimony from David Pecker, the former National Enquirer owner who allegedly helped Trump "catch and kill" negative stories about the would-be president.

SEE HOW PECKER'S TESTIMONY PAINTED TRUMP IN A CORNER



New home sales increase sharply in March

Sales of new homes across the US increased sharply last month, according to fresh government data published Tuesday, though February's numbers were revised lower. There were 693,000 new single-family houses sold last month, 8.8% above the revised February rate of 637,000. The March data were well over market expectations of 670,000 new homes despite 7% mortgage rates. The median sales price of new homes was $430,700 with a $524,800 average sales price.

HOW MORTGAGE RATES ARE SLOWING HOUSING MARKET


NASA restores Voyager 1 communications

NASA engineers have succeeded in restoring communication with Voyager 1, the iconic spacecraft situated an astonishing 15 billion miles away from Earth. The saga of Voyager 1's communication blackout began in December, when NASA's Jet Propulsion Laboratory (JPL) reported that the spacecraft was transmitting unintelligible data back to Earth. Through tireless effort, JPL engineers achieved a breakthrough, successfully establishing a stable communication link with Voyager 1.

CHECK OUT THE PROBLEM-SOLVING WORK BY JPL ENGINEERS


Extra point

What year was Voyager 1 launched? When did it become the first spacecraft to enter interstellar space?

Tuesday's answer: "Willie the Worm" was the first animated cartoon created for television, airing on NBC in 1938. "The Flintstones" was the first cartoon to appear on US network TV, debuting on ABC in 1960.

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